You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #68: No, what I propose is a vigorous campaign... [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
IrateCitizen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-18-09 04:33 PM
Response to Reply #63
68. No, what I propose is a vigorous campaign...
... similar to the strong-arming that took place to get Dems to go along with additional funding for the IMF, as well as firing the generals (Geithner, Summers) who are so compromised and have proven so inept in handling this mess.

All they have done is papered over the problem at every turn, while Obama has done little more than give feel-good speeches.

For example, they could have forced the banks to carry the real value of their bad assets on the books, but they didn't. Then, they pushed through the "stress tests" when the game was already rigged from the start due to that accounting trickery. At no point during this problem have they seriously challenged the power of big finance. And, FWIW, foreclosures continue to rise, with little or no action being taken by the banks to work with struggling homeowners.

Keep waving those pom-poms if you want. My eyes are wide open.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC